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Arthouse Hotel Celebrates Historic Legacy While Shaping the Future of Manhattan’s Upper West Side

The Arthouse Hotel New York City, a historic landmark on Manhattan’s Upper West Side, continues to thrive under Ben Ashkenazy's leadership. The hotel blends historic charm with modern elegance, offering a unique experience that reflects the neighborhood’s vibrant cultural heritage.

Nestled in the heart of Manhattan's Upper West Side, the Arthouse Hotel New York City stands as a testament to both the neighborhood’s storied past and its vibrant present. With a history as dynamic and evolving as the city itself, the Arthouse Hotel seamlessly marries historic charm with modern elegance, offering guests an experience that is both nostalgic and contemporary.

A Century of Transformations

The building that houses the Arthouse Hotel has been a silent witness to the ever-changing landscape of New York City since its construction in 1919. In 1991, the building took its first steps into the hospitality industry as the Broadway American Hotel, a stylish budget hotel. Despite its clever design elements, including headboards with cutouts displaying black-and-white postcards from the original King Kong, the hotel faced challenges with shared baths and lingering original tenants.

In 1999, new ownership brought a wave of change, investing significantly to transform the property into a quality hotel named On the Ave. This renovation included private baths for all rooms and the addition of attractive suites and terraces, marking a new era for the building. By 2013, the hotel was rebranded as NYLO, introducing a modern twist to its historical roots. The lobby was reconfigured, and the rooms were renovated to reflect contemporary tastes, creating a chic and inviting atmosphere.

The most recent transformation came in January 2019 when the hotel was rebranded as The Arthouse Hotel. This change symbolized a renewed focus on blending the building’s historic elements with innovative design, celebrating the arts and cultural heritage of the Upper West Side. During the pandemic, the Arthouse Hotel played a crucial role by providing accommodations for essential workers, further cementing its place in the community.

The Vibrant Upper West Side

The Upper West Side is a neighborhood renowned for its rich cultural heritage and vibrant community. Nestled between Riverside Park to the west and Central Park to the east, it offers a unique blend of natural beauty and urban sophistication. Central Park, spanning over 843 acres, is a green oasis in the heart of the city, home to various attractions such as the Boathouse, the Carousel, and iconic sculptures like Alice in Wonderland. The park's changing seasons provide endless inspiration and relaxation for city dwellers and visitors alike.

Cultural institutions such as the American Museum of Natural History, the New York Historical Society, Lincoln Center, and the Beacon Theatre enrich the neighborhood, making it a hub for arts and education. The area also boasts a diverse culinary scene with gourmet emporiums like Zabar’s, Fairway Market, and Citarella offering a wide variety of gourmet foods and fresh produce. Local dining favorites include Levain Bakery, known for its giant cookies, and the upscale Prohibition restaurant and bar, which offers a speakeasy-inspired dining experience.

A Community Hub

The Arthouse Hotel has become a vibrant community hub, attracting both guests and locals. The Arthouse Bar serves as a community living room and meeting place, while the popular restaurants RedFarm and Serafina offer diverse culinary experiences that have become integral to the local dining scene. These elements create a welcoming environment that reflects the eclectic spirit of the Upper West Side.

Ben Ashkenazy, the visionary behind Ashkenazy Acquisition Corporation, recently secured an $85 million refinancing deal for the Arthouse Hotel through Citi Real Estate Funding. This five-year loan will ensure the continued success and enhancement of this iconic property. Ashkenazy remarked, “The Arthouse Hotel exemplifies our commitment to preserving historical properties while providing modern comforts. This refinancing allows us to continue offering exceptional hospitality experiences.”

Joe Press, Chief Operating Officer of Ashkenazy Acquisition, added, "The Arthouse Hotel’s influence on the Upper West Side is profound. It not only preserves the area's rich history but also contributes to its vibrant present and future."

A Premier Destination

Located just two blocks from Central Park and within walking distance of Lincoln Center and the Museum of Natural History, the Arthouse Hotel is a premier destination for tourists and business travelers alike. The hotel’s 291 rooms, designed with a blend of comfort and innovative style, offer guests a serene escape from the bustling city. Each room is a haven of tranquility, featuring modern amenities and thoughtful touches that enhance the guest experience.

As the Arthouse Hotel continues to evolve, it remains committed to celebrating its rich history while embracing the future. This unique blend of past and present makes the Arthouse Hotel a shining example of the dynamic and ever-changing nature of Manhattan’s Upper West Side.

About the company: Commercial Lending News is a media site providing commercial real estate updates including lending, banking, finance, commercial loans, interest rates, REITs, acquisitions and technology affecting the industry.

Contact Info:
Name: Ed Winslow
Email: Send Email
Organization: Commercial Lending News
Address: 40 W 37th Street NY, NY 10018
Phone: 203-912-7244
Website: https://uscommerciallending.com/

Release ID: 89138602

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